Year on year inflation for the month of November increased to 17% from 16.9% recorded in October. This is the highest rate recorded since 2010.<\/p>\n
The monthly inflation rate however declined from 2.7% to 0.9%.<\/p>\n
The non-food group recorded a marginal increase in inflation rate from 24% to 24.1% in November.<\/p>\n
This was mainly driven by housing, water and electricity which recorded an inflation rate of 36.2%. Education recorded the lowest inflation rate of 9%.<\/p>\n
Food inflation inched up marginally from 6.5% to 6.6% which was driven by coffee, tea and cocoa which recorded an inflation rate of 20.5%.<\/p>\n
According to the Ghana Statistical Service, the prices of vegetables averagely have fallen by 5.5% compared to same period last year.<\/p>\n
Deputy Government Statistician, Dr Baah Wadeah tells Citi Business News this is because there are more vegetables on the market now.<\/p>\n
The central region recorded the highest regional inflation rate of 19.5% while the Upper-West region recorded the lowest rate of 13.1%.<\/p>\n
The Greater Accra region recorded an inflation rate of 16.3%.<\/p>\n
By: Kwaku Anim Boadu\/citifmonline.com\/Ghana<\/p>\n","protected":false},"excerpt":{"rendered":"
Year on year inflation for the month of November increased to 17% from 16.9% recorded in October. This is the highest rate recorded since 2010. The monthly inflation rate however declined from 2.7% to 0.9%. The non-food group recorded a marginal increase in inflation rate from 24% to 24.1% in November. This was mainly driven […]<\/p>\n","protected":false},"author":14,"featured_media":38989,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[1],"tags":[],"class_list":["post-73061","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/73061","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=73061"}],"version-history":[{"count":0,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/posts\/73061\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=\/wp\/v2\/media\/38989"}],"wp:attachment":[{"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citifmonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}